London Stock Exchange Share Discussion Threads

[trcml] 06/12/2021 14:08

rumour of private equity CVC plotting a listing on LSE that could see it fetch a valuation in excess of GBP 11bn.

[gregmorg] 06/12/2021 09:33

Ho ho, so that’s why the LSEG has been a tad coy!

[stutes] 03/12/2021 15:13

FT describes Exchange as being Jurassic - sounds as if it is not fit for purpose?

[stutes] 03/12/2021 14:18

The headline in today's Telegraph duggedts Exchange is punching above its weight - therefor shouldn't they go back to to normal trading so the discount is removed?

[stutes] 02/12/2021 08:24

The drip-feed criticism of London Exchange is size, volume and valuations of firms. The ipo/direct listing of Deliveroo, THG and Wise contrasted with Cazoo New York spac listing- shows to me London either is right on valuations or is set to become a smaller player.

[stutes] 01/12/2021 14:54

The FT has an article about the attraction of one stock exchange based in New York as London valuations are considered too low.

[disneydonald] 25/11/2021 00:33

Notwithstanding the real challenge of integrating Refinitiv, many large institutional investors were not pleased with the "surprise" earlier this year as management shocked the market with with a huge unplanned expense for the IT integration.

There is no excuse for that, either they did not undertake any due diligence on the IT integration, or if they did and choose to look the other way in an attempt to get the deal done. Neither is acceptable behaviour.

Many large institutional investors will be upset at LSE managements judgement, and now they are dumping stock. It will take time until confidence in current management returns, if at all ...

Situations like this usually open the door for opportunistic activists (Hedgies, PE or other Fintect entities) to try and exploit the value and franchise of LSE. However, I suspect that it will be difficult for any outright acquisition as LSE is seen as strategic UK infrastructure. Perhaps there will be an opportunity for a strategic partner to take a significant, albeit not a controlling stake, and help return some confidence.

We will see ...

[skynetinvest] 24/11/2021 16:30

Considering he sold £1.9m worth at a much higher price and had excess funds to send a message. The message he sent was he doesn't have much faith.

[gregmorg] 24/11/2021 12:24

So the CEO of the LSE spends over £300,000 in buying LSE shares and you describe it as pitiful. Interesting perspective!

[skynetinvest] 24/11/2021 11:52

Facts are that the CEO sold a large amount of shares and is buying a pitiful amount even at these prices which shows even he doesn't believe the bottom is in. System crashes on a billion(s) £ acquisition doesn't warrant a raise. Lost all faith as have other investors. WOuld buy back if it drops to 4800

[stutes] 23/11/2021 09:06

The Refinitiv deal and the battle between Brussels and London for control of Euro, banking, etc are a drag on LSE. The longer they go on without positive resolution the lower the share price. We've seen how uncertainty drags share prices down and limits the upside - Brexit deals.

The system crashes need to stop or customers could switch to more reliable providers.

Overall I think the share price could fall more because the firm needs time to sort out the problems and City is a place for quick returns.

[scepticalinvestor] 19/11/2021 12:13

Not helping - huge dump going in

[hjs] 19/11/2021 10:21

nice to see CEO buying 5k shares @66.80.

[stutes] 19/11/2021 08:48

Ryanair delisting from LSE, the low valuation of firms compared to other firms listed on other bourse adds to the perception London is losing its appeal for ipos.

There is also the Refinitiv issues affecting LSE.
Overall are we set for a period where the City starts to turn negative on LSE both on share price and future ipos?

[stutes] 19/11/2021 08:48

Ryanair delisting from LSE, the low valuation of firms compared to other firms listed on other bourse adds to the perception London is losing its appeal for ipos.

There is also the Refinitiv issues affecting LSE.
Overall are we set for a period where the City starts to turn negative on LSE both on share price and future ipos?

[paulof2] 18/11/2021 19:30

I’ve traded this a fair few times over the last year fairly successfully and I’m finding it tempting to buy again now.

What I’m struggling with though is that now if I was a company looking to become listed I would no doubt go the US route instead where there would be a (completely irrational) much higher valuation supported.

The case and point example I can think of recently is THG, how much would that be valued at in the US instead? If I was a tech company their miss fortune would be pushing me well away from a London stock listing.

You only have to compare the ratios of US listed business to U.K. to see which one would be far more appealing

[robinnicolson] 18/11/2021 11:08

LSEG in 'The day's biggest movers' in The Times: "Positive sentiment grinds to a halt".

What positive sentiment?

[jangaman] 18/11/2021 09:36

Inflationary pressure on DCF projections, perhaps ?

[salpara111] 18/11/2021 09:13

Have to say, I was expecting to see an RNS this morning showing a big sale by an institutional holder.
Still got this on my watchlist but need to see some stability before getting on board.